IRS Data Retrieval Tool FAFSA. Financial Aid Office University of California, San Diego
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2 IRS Data Retrieval Tool FAFSA 2 Financial Aid Office University of California, San Diego
3 What is the IRS Data Retrieval Tool? The IRS Retrieval Tool gives FAFSA applicants and parents the ability to transfer their data from the IRS to the FAFSA The Retrieval Tool saves time and increases the accuracy of FAFSA information Applicants selected for Verification are encouraged to use the tool to update their FAFSA data as well 3
4 Eligibility Students/Parents eligible to use the IRS Retrieval Tool: Students/Parents NOT eligible to use the IRS Retrieval Tool: Must have valid SSN Must have filed a 2014 Federal Tax Return Date of filed Tax Return is: More than 2 weeks if electronic More than 8 weeks if by mail Must have a Federal Aid PIN number Marital status has not changed since December 31, 2014 Filed an amended 2014 Federal Tax Return Not filing a 2014 Federal Tax Return Taxes filed recently Less than 2 weeks if electronic Less than 8 weeks if by mail Filing status is Married Filing Separately Filing status is Unmarried but both parents living together Filing status is Head of Household and marital status is married Filed a Puerto Rican or foreign tax return 4
5 Where to Start: Log on to: Select Start A New FAFSA if this is your first time completing this application Select Login if you have completed this application in the past Once logged in, the Data Retrieval Tool will be found under Financial Information 5
6 Parent Tax Information Parents will select their 2014 tax return filing status Already Completed Will File Not Going to File 6
7 Parent Tax Information Parents will select tax filing marital status These options determine whether parents are eligible to use the IRS Retrieval Tool Refer to slide 3 to see which marital statuses are not eligible for IRS Data Retrieval. Select NEXT 7
8 Parent Tax Information Note: If marital status was answered Unmarried and both parents are living together on question 59, the marital filing status question will not appear under Financial Information. IRS Data retrieval is NOT an option Select NEXT and continue completing FAFSA 8
9 Parent Tax Information If Parent marital status is eligible for IRS Data Retrieval, the following 3 questions must be answered NO in order to LINK TO IRS If any are answered YES, the IRS Data Retrieval is not an option. Select NEXT to continue filing out FAFSA 9
10 Parent Tax Information Selected parent should have an existing FAFSA PIN (not the student s PIN) If neither one has an existing PIN, select Apply for PIN Enter parent PIN Select LINK TO IRS You will be leaving the FAFSA website, but all entered information will be saved Select OK 10
11 Tax Retrieval IRS.gov Parent will fill in their information Be sure all information is entered as it appears on the 2014 Tax Return Select Submit 11
12 Tax Retrieval IRS.gov Review tax information for accuracy Check first box to transfer tax information into FAFSA 12 Select Transfer Now
13 Parent Tax Information IRS data is now transferred to FAFSA DO NOT make changes to any of the financial information retrieved Select NEXT and continue to Student Financial Information 13
14 Student Tax Information Student will select 2014 tax return filing status Already Completed Will File Not Going to File Select NEXT 14
15 Student Tax Information Student will select tax filing marital status These options determine whether Independent Students are eligible to use the IRS Retrieval Tool Refer to slide 3 to see which marital statuses are not eligible for IRS Data Retrieval Dependent students will select Single Select NEXT 15
16 Student Tax Information If marital status is eligible for IRS Data Retrieval, the following 3 questions must be answered NO in order to Link to IRS If any are answered YES, the IRS Data Retrieval is not an option Select NEXT Continue filing out FAFSA 16
17 Student Tax Information Student will enter existing FAFSA PIN If none exists, select Apply for PIN Select LINK TO IRS You will be leaving the FAFSA website, but information will be saved Select OK 17
18 Student Tax Information Student will fill in their information Be sure all information is entered as it appears on the 2014 Tax Return Select Submit 18
19 Student Tax Information Review tax information for accuracy Check box to transfer tax information into FAFSA Select Transfer Now 19
20 Student Tax Information IRS data is now transferred to FAFSA DO NOT make changes to any of the financial information retrieved 20
21 Sign & Submit FAFSA IMPORTANT: Remember to enter SUBMIT MY FAFSA NOW after all the IRS Data has been transferred and saved 21
22 Selected for Verification? Use the IRS Data Retrieval Tool to upload tax information Recommended as a way of providing correct IRS data on FAFSA Use if estimated tax information was originally used on FAFSA but taxes have now been filed Student/Parent meets criteria for using the retrieval tool 22
23 Selected for Verification but IRS Data Retrieval Tool is not an option? Order an IRS Tax Return Transcript Student/Parent does not meet criteria for using retrieval tool Filed an amended 2014 Federal Tax Return Not filing a 2014 Federal Tax Return Filing status is Married Filing Separately Filing status is Unmarried and both parents living together Filing status is Head of Household and martial status is married Filed a Foreign Tax Return A Tax Return Transcript may be ordered Online or by Mail A copy of the Tax Return Transcript must be submitted to the Financial Aid Office along with the Verification Worksheet Keep a copy of the Tax Return Transcript for your records 23
24 IRS.gov Ordering a Tax Return Transcript Go to: Select Get Transcripts for Your Tax Records 24
25 IRS.gov Options for ordering a Tax Return Transcript ONLINE MAIL 25
26 IRS.gov Order Online You will be required to create a login if you have not done so already Select GET STARTED If login already exists, enter User ID and LOGIN 26
27 IRS.gov Order Online Creating a Login Enter tax filer information Select SEND CONFIRMATION CODE and an 8 digit code will be ed 27
28 IRS.gov Order Online Creating a Login Enter 8 digit confirmation code Select CONTINUE 28
29 Order Online IRS.gov Creating a Login Fill in blanks for tax filer information as it appears on 2014 tax return Select Login Options: Create a User ID and Password Proceed as guest 29 Select Continue
30 IRS.gov Order Online NOTE: If information is entered incorrectly, account will be locked for 24 hours. Try again after 24 hours have passed 30
31 IRS.gov Order Online Creating a Login Answer each question to the best of your knowledge in order for the IRS to verify your identity Select CONTINUE 31
32 IRS.gov Order Online Creating a Login Create a User ID and Password Create a Site Phrase and Site Image Select and answer 4 different Challenge Questions from the drop down boxes Select CONTINUE 32
33 IRS.gov Order Online Creating a Login Once profile is successfully created select CONTINUE Select reason for requesting a transcript Select 2014 Return Transcript for viewing and printing 33 Once printed, submit a copy to the Financial Aid Office
34 IRS.gov Order by Mail Enter tax filer information Select CONTINUE 34
35 IRS.gov Order by Mail The Type of Transcript should be Return Transcript Tax Year 2014 Select CONTINUE 35
36 IRS.gov Order by Mail If both student and parents filed taxes, both transcripts can be requested here Select Request a different transcript Select Exit when done 36
37 Tax Transcripts Transcript/s will be mailed to student/parent within 5-10 days Once received, keep original and submit a copy to the Financial Aid Office 37
Must have valid SSN Must have filed a 2014 federal tax return Must have unchanged marital status since December 31, 2014
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